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DetachedListed 43 days ago

$1,298,000

515 Kingston Road W, Ajax, ON L1S 6M1

Central West · Ajax · L1S 6M1

Listing brokerage: ROYAL LEPAGE IGNITE REALTY

Beds
3
Baths
2
Sq ft
1500–2000
Parking
17

Monthly costs

Property taxes

$632/mo

$7,587 a year (2025)

The home

Lot size
50 × 270 ft
Style
2-Storey
Basement
Separate Entrance, Walk-Up
Parking
17 spots · Detached
Faces
North
Age
100+ years
Heating · cooling
Forced Air, Central Air
Possession
Immediate

About this home

Rare opportunity to acquire a versatile mixed-use property in the heart of Historic Pickering Village, one of Ajax's most established and evolving communities. Situated on a generous 50 x270 ft lot with excellent frontage on Kingston Road West, this unique property offers both residential and commercial functionality, making it ideal for investors, entrepreneurs, end-users, or those seeking a live-work opportunity. The upper level features a self-contained residential apartment, while the main level provides flexible commercial space suitable for a variety of permitted uses. The property's strategic location benefits from strong visibility, steady traffic exposure, and convenient access to Highway 401, public transit, shopping, restaurants, schools, and community amenities. Positioned along the Kingston Road corridor, an area experiencing continued investment, revitalization, and planned transit improvements, this property presents excellent long-term potential. Whether you're looking to operate your business on-site, generate rental income, or secure a property in a growing corridor, this is a unique opportunity to own a well-located mixed-use asset in Ajax. Buyer to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and future land use planning.

All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Rooms
6
Den / family room
Yes
Size
1500-2000 sq ft

Features

  • Other

Heating & Cooling

Heat source
Gas

Parking

Covered spaces
2

Features

  • Private
  • Available
  • Front Yard Parking

Exterior & Lot

Roof
Asphalt Shingle
Foundation
Block
Exterior
Stucco (Plaster), Wood

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
E13733476
Type
Detached
Transaction
For Sale
Neighbourhood
Central West
Cross streets
Kingston Rd W & Church St N
Rooms · 2Washroom ×2
  • 2-piece washroom

    Main

  • 3-piece washroom

    Second

History

Past listings and sales for this home and building.

Location

515 Kingston Road W, Ajax, ON L1S 6M1 · Near Kingston Rd W & Church St N

Monthly cost

Estimated monthly cost

$6,380/mo

Mortgage
$5,747
Property tax
$632
Down payment$259,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$284,159

$259,600 down + $24,559 to $25,809 in closing costs

Ontario land transfer tax
$22,435
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$374

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$1,298,000

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